Forecasting Essays

Auto Parts is a large manufacturer of spare parts for automobiles. The director of marketing research needs to determine which forecast method is the most accurate in forecasting sales for the year 2008 based on the collected data on quarterly sales for the previous four years. After running four different …

In May 2008, a major earthquake hit Sichuan in the south west of China, it was estimated that around 69 000 to 80 000 people were killed and buildings collapsed with people in them information from an OCR science booklet, a news sheet. In my case study, I will be …

Northco case describes the issues faced by an industry with high demand variability and a strong seasonality trend. The main issue highlighted in the case is building up left over inventory after the sales season is over. This worrying trend has been growing for past 3 years, in spite of …